Chicago – September 19, 2022 – Cooley advised Atlas, an industry leader in employer of record (EOR) solutions and technology, on its strategic equity investment from global investment firm Sixth Street Growth. Lawyers Gregory Grossman and Briana Yesilli led the Cooley team advising Atlas.
The investment of up to $200 million will further enhance the Atlas technology platform, offering more user flexibility through additional self-service and automation features. The funds also will support software localization and real-time, in-region customer service support.
"The future of work thrives across borders and cultures," Rick Hammell, founder and CEO of Atlas, said in a press statement. "This new investment from Sixth Street will allow us to continue to respond to our customers' needs, offering the most streamlined and innovative ways of expanding into new markets, onboarding talent, managing the risk of noncompliance and paying internationally."
As the largest direct EOR with entities in over 160 countries, Atlas is an expert-supported technology platform that delivers flexibility for companies.
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